Alexander And Kline Give Statement On Student Loan Interest Rate Report

Friday, January 31, 2014

Senator Lamar Alexander and House Education and the Workforce Committee Chairman John Kline (R-Mn.) issued the following joint statement after the Government Accountability Office (GAO) released a report on federal student loan interest rates:

“Today’s GAO report makes it clear that Congress was exactly right to tie student loan interest rates to market rates, because that is the fairest way to ensure the loans don’t overcharge either students or taxpayers. The Bipartisan Student Loan Certainty Act cut interest rates for undergraduate loans nearly in half and made all student loans cheaper, simpler and more certain.”

The Bipartisan Student Loan Certainty Act (also known as the Smarter Solutions for Students Act) included a provision directing the GAO to provide information on issues related to the cost of federal student loans. Specifically, the report was intended to help members of Congress determine whether there was an ideal federal student loan interest rate that would ensure the government could cover Direct Loan costs without generating excess revenue. To read the full report, entitled “Borrower Interest Rates Cannot Be Set in Advance to Precisely and Consistently Balance Federal Revenues and Costs,” click here.


Augustine Named Recipient Of Lee’s Excellence In Scholarship Award

Dr. Daniela C. Augustine, associate professor of theological ethics, has been named as the recipient of Lee University’s 2016 Excellence in Scholarship Award. The winner of this award is chosen each year by the Faculty Committee on Research and Scholarship. Lee President Dr. Paul Conn officially recognized Dr. Augustine for this award during spring commencement earlier this ... (click for more)

Chattanooga State's Nursing And Allied Health Division Offers Summer Information Sessions

The Nursing and Allied Health Division at Chattanooga State offers monthly information sessions for students interested in the health care professions. The sessions are held at the main campus; some sessions are required for program admittance while others are strongly encouraged. Please visit the Nursing and Allied Health website at www.chattanoogastate.edu/nursing-allied-health ... (click for more)

2 Shot On Glass Street In Drive-By Shooting Tuesday Night

Two people were shot Tuesday night in a drive-by shooting. Chattanooga Police responded at 10:34 p.m. to the 2400 block of Glass Street on the report of a shooting. They located two victims suffering from gun shot wounds. Chattanooga Police established a crime scene and facilitated first aid to the victims.  The victims were standing outside of a business when an unknown assailant ... (click for more)

Jury Chosen For Hawk Murder Trial

Twelve jurors and two alternates have been chosen for the trial of Billy Hawk.  Hawk is charged with a cold case murder from 1981 involving victim Johnny Mack Salyer, who was found in a locked steel drum in the Tennessee River. At the time of the murder, Salyer and Hawk were co-defendants in a cocaine distribution case.  Seventy-two jurors appeared for jury duty ... (click for more)

Calling Out Bad Behavior In St. Elmo - And Response (2)

I have lived in the St. Elmo community of Chattanooga for practicially all 52 years of my life. My grandmother moved to St. Elmo in 1919. My Dad was literally born in a home in St. Elmo and lived his entire 72 years in this community and my Mom has lived here 60 years of her life. I am very disappointed in what my neighborhood has become. I like people. ... (click for more)

Roy Exum: My Garden This June

As the month of June dawns anew, it is a fact that more marriages the world over are performed this month. So as we take our monthly walk through the garden, it is hard to remember when it has been this dry. Even so, we have a bushel of orchids and onions and don’t forget Father’s Day on the third Sunday of the month, that this is National Accordion Awareness Month, and that “Flip ... (click for more)